Rao Meera 4

What Happened
Meera Rao, a director of Rambus Inc. (RMBS), was granted 2,223 restricted stock units (RSUs) on April 1, 2026. The award was recorded at $0.00 per RSU (total reported value $0) — this is a compensation grant (transaction code A), not a purchase. Each RSU represents the contingent right to receive one share of RMBS common stock upon vesting.

Key Details

• Transaction date: April 1, 2026 (reported on Form 4 filed April 3, 2026) — filing appears timely.
• Transaction type: Award/Grant (code A).
• Shares/units granted: 2,223 RSUs.
• Reported price: $0.00 per RSU; reported value $0.
• Vesting: Per filing footnote, all RSUs vest on April 1, 2027 (or the first business day thereafter).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote: RSUs are contingent rights to receive common stock at vesting; subject to company’s forfeiture and tax-withholding terms.

Context
RSU grants are a common form of equity compensation for executives and directors. They do not convert to actual shares until they vest, so this grant does not immediately increase circulating shares owned by the insider. Such awards reflect company compensation practices rather than an immediate buy or sell signal; they should be considered alongside other insider transactions and company fundamentals.